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Solutions for Chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS

Applied Calculus | 5th Edition | ISBN: 9781118174920 | Authors: Deborah Hughes-Hallett Patti Frazer Lock Andrew M. Gleason Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, & 7 more

Full solutions for Applied Calculus | 5th Edition

ISBN: 9781118174920

Applied Calculus | 5th Edition | ISBN: 9781118174920 | Authors: Deborah Hughes-Hallett Patti Frazer Lock Andrew M. Gleason Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, & 7 more

Solutions for Chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS

Solutions for Chapter 1.4
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Textbook: Applied Calculus
Edition: 5
Author: Deborah Hughes-Hallett Patti Frazer Lock Andrew M. Gleason Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, & 7 more
ISBN: 9781118174920

Applied Calculus was written by and is associated to the ISBN: 9781118174920. Since 44 problems in chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS have been answered, more than 20531 students have viewed full step-by-step solutions from this chapter. This expansive textbook survival guide covers the following chapters and their solutions. This textbook survival guide was created for the textbook: Applied Calculus, edition: 5. Chapter 1.4: APPLICATIONS OF FUNCTIONS TO ECONOMICS includes 44 full step-by-step solutions.

Key Calculus Terms and definitions covered in this textbook
  • Average rate of change of ƒ over [a, b]

    The number ƒ(b) - ƒ(a) b - a, provided a ? b.

  • Binomial coefficients

    The numbers in Pascal’s triangle: nCr = anrb = n!r!1n - r2!

  • Bounded interval

    An interval that has finite length (does not extend to ? or -?)

  • Confounding variable

    A third variable that affects either of two variables being studied, making inferences about causation unreliable

  • De Moivre’s theorem

    (r(cos ? + i sin ?))n = r n (cos n? + i sin n?)

  • Dependent variable

    Variable representing the range value of a function (usually y)

  • Equal complex numbers

    Complex numbers whose real parts are equal and whose imaginary parts are equal.

  • Feasible points

    Points that satisfy the constraints in a linear programming problem.

  • Fibonacci sequence

    The sequence 1, 1, 2, 3, 5, 8, 13, . . ..

  • Imaginary part of a complex number

    See Complex number.

  • Opposite

    See Additive inverse of a real number and Additive inverse of a complex number.

  • Polynomial in x

    An expression that can be written in the form an x n + an-1x n-1 + Á + a1x + a0, where n is a nonnegative integer, the coefficients are real numbers, and an ? 0. The degree of the polynomial is n, the leading coefficient is an, the leading term is anxn, and the constant term is a0. (The number 0 is the zero polynomial)

  • Radicand

    See Radical.

  • Random behavior

    Behavior that is determined only by the laws of probability.

  • Real number

    Any number that can be written as a decimal.

  • Sequence

    See Finite sequence, Infinite sequence.

  • Slant line

    A line that is neither horizontal nor vertical

  • Upper bound for real zeros

    A number d is an upper bound for the set of real zeros of ƒ if ƒ(x) ? 0 whenever x > d.

  • Upper bound test for real zeros

    A test for finding an upper bound for the real zeros of a polynomial.

  • Zero of a function

    A value in the domain of a function that makes the function value zero.

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